H G Infra Engineering rose 2.46% to Rs 237.05 after the company received the letter for appointed date from National Highways Authority of India (NHAI) for a project in Rajasthan.
The scope of the project includes construction of eight lane carriageway starting near junction with MDR-1 (Banoli - Jhalai road) to end of the interchange on NH 552 near village Mui which forms section of Delhi Vadodra Access controlled Greenfield Alignment. The project will be constructed under EPC mode under Bharatmala Pariyojana in the Rajasthan.The length of project is 45.64 kilometers. The bid cost of project is Rs 1198.83 crore and the completion period is two years. The announcement was made during market hours today, 18 December 2020.
H.G. Infra Engineering is an infrastructure construction, development and management company. The main business includes providing engineering-procurement-and-construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU